Maize futures down on bearish US report

Business Live (May 11, 2012) | South African maize futures finished weaker on Friday, tracking the lower Chicago corn prices, following the bearish US government crop report. The near-dated May 2012 white maize contract shed R36 to R2,025 per ton, July 2012 white maize dropped R40 to R2,001 per ton, and September 2012 white maize lost R42 to R2,027 per ton, according to preliminary I-Net Bridge data.